Three years on from the Brexit referendum: What have we learned?

Risk assets outperformed 'safe haven' investments

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Tristan Hanson of M&G Investments
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Tristan Hanson of M&G Investments

It is now three years since Britain voted to leave the EU. Despite the neverending twists and turns in this saga, we are none the wiser as to the final conclusion.

But with the benefit of hindsight, how have financial markets moved since the referendum vote? And are there any lessons investors can take from this experience when faced with uncertainty today, or, indeed, in the future? At the time of the referendum vote on 24 June 2016, there was widespread concern over the health of the global economy and the referendum result was viewed as a major negative shock. Brexit Blog: Domestic-facing index underperforms amid continued fears Investors who place a significant weight on valuation signals would have come closest to predicting the pecking ...

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